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DealProspect/Listings/Retail

Fruit & Vegetable Shop – Balwyn

Greengrocer

ActiveRetailVictoriaB2C
Asking price
$500,000
Disclosed · AUD
Revenue
$1,664,000
TTM
Earnings (est.)
~$239,949
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A long-running fruit and vegetable shop near Surrey Hills, trading from a large premises with an attached residential room. The same family has run the business for decades, supported by reasonable rent and a long-term lease.

Greengrocers in Victoria

All 72
Listed
72
+6 in 30 days
Median asking
$397K
68 priced
Median revenue
$2.3M
66 disclose
Earnings multiple
2.3×
185 listings
Price drops
1
in 30 days
Asking price spread68 of 72 state a price
This listing · $500K
10%
25%
28%
21%
12%
4%
Under $100K$2.5M–$5M

Australia 90 · New South Wales 12

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127